Today TaxMama® hears from Susan in the TaxQuips Forum, with an interesting twist. “I am an analyst with a high-tech firm and I teach one course a year at the University Extension in our area. While the course topic is related to my field, I don’t consider myself to be “in the business” of teaching. […]
Tag Archives: Public economics
[TaxMama note: The IRS started on this path several years ago. Many of my contacts have been working from home.https://www.myjewishlistings.com/wp-content/languages/new/photo-editing-services.html CPA firms started doing this more than a decade ago. It saved them entire floors in office buildings – cutting costs significantly. Besides, this can cut traffic jams. Excellent idea.] WASHINGTON – The Internal Revenue […]
Today TaxMama® hears from Gina in the TaxQuips Forum who’s going around in circles. “I have not been able to get in contact with my tax guy for months. I’m afraid he may be ill, dead or out of business – and I live too far away to go to his office. I sent my […]
[TaxMama Note: This is important for people in IRS tax trouble to know. Also, read today’s It’s A WAHM Thing article about how to do things yourself.] The Taxpayer Advocate Service (TAS) is designed to be a “safety net” for taxpayers who are experiencing problems with the IRS. However, because we couldn’t possibly help all […]
Today TaxMama® hears from Ivan in the TaxQuips Forum who seems to be concerned. “I have found lots of info on filing gift tax returns – penalties – life time exclusions. But what I cannot find is, what if someone makes a gift(s) to a child, or anyone else, in an amount well over the […]
Today TaxMama® hears from Lara in the TaxQuips Forum who is helping get a partnership out of trouble. As it happens, this seems to be the week for questions from tax pros about the penalties IRS imposes on late-filed partnership tax returns. So let’s talk about those.
Dear Family, Friday is a nice, gray day here in the Valley. The sun is not burning brightly down upon our heads and shoulders – at least, not yet. Thank goodness. It’s been tough out there – and my car’s A/C unit seems to have a leak. It only blows cool air when Rick […]
Courtesy of the Internal Revenue Service [TaxMama Note: For information on how to understand the letter from IRS, click here.] Receiving a notice from the Internal Revenue Service is no cause for alarm. Every year the IRS sends millions of letters and notices to taxpayers. In the event one shows up in your mailbox, here […]
Today TaxMama® hears from Richard, who wants to come in from the cold. “I was in rough financial shape for several years and have not filed a tax return in three years. How do I go about squaring up with the IRS now that my finances have improved?”
Today TaxMama® decides it’s time to have fun with taxes. Let’s play with some tax trivia and see if you know the answers?
Today TaxMama® hears from Francis in the TaxQuips Forum with this problem. “For some reason that only she understands, my wife decided to filed separately, as head of household (she is working and I am not as I lost my job for health troubles). I filed as married filing separately with no income to declare. […]
Courtesy of the Internal Revenue Service If you adopted a child last year and requested an extension of time to file your 2011 taxes, you may be able to claim the expanded adoption credit on your federal tax return. The Affordable Care Act temporarily increased the amount of the credit and made it refundable, which […]